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Layoffs Are Planned at Half of US Companies, PwC Survey Shows
August 23, 2022 /
If your organization isn’t letting people go, the one next door probably is.
That’s a key finding from a survey released Thursday by consultant PwC, which last month polled more than 700 US executives and board members across a range of industries. Half of respondents said they’re reducing headcount or plan to, and 52% have implemented hiring freezes. More than four in ten are rescinding job offers, and a similar amount are reducing or eliminating the sign-on bonuses that had become common to attract talent in a tight job market.
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